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Max-Planck-Institut für Ökonomik, Jena >
Jena Economic Research Papers, MPI für Ökonomik >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/31754
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Falck, Oliver | | en_US |
| dc.contributor.author | | Heblich, Stephan | | en_US |
| dc.date.accessioned | | 2009-01-20 | | en_US |
| dc.date.accessioned | | 2010-05-14T11:13:59Z | | - |
| dc.date.available | | 2010-05-14T11:13:59Z | | - |
| dc.date.issued | | 2008 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/31754 | | - |
| dc.description.abstract | | This paper takes a different perspective toward the escape entry incentive of incumbent firms to innovate. New entrants spawned from incumbents are not necessarily a threat; they can complement incumbents’ production by commercializing knowledge incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of endogeneity, we apply an IV approach to analyze a rich industry-level dataset (19872000) for Germany. We find evidence that entry by spinoffs does, indeed, have a positive impact on incumbent innovation. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Universität Jena und Max-Planck-Institut für Ökonomik Jena | | en_US |
| dc.relation.ispartofseries | | Jena economic research papers 2008,083 | | en_US |
| dc.subject.jel | | O3 | | en_US |
| dc.subject.jel | | L16 | | en_US |
| dc.subject.jel | | M13 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Innovation | | en_US |
| dc.subject.keyword | | entry | | en_US |
| dc.subject.keyword | | spinoff | | en_US |
| dc.subject.stw | | Betriebsaufspaltung | | en_US |
| dc.subject.stw | | Unternehmensgründung | | en_US |
| dc.subject.stw | | Innovationswettbewerb | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.subject.stw | | Deutschland | | en_US |
| dc.title | | Incumbent innovation and entry by spinoff | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 590247700 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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